WELCOME TO EPIDAURUS
Epidaurus Health is dedicated to helping self-insuring employers and pharmacists with cash flow management and risk reporting for pharmacy benefits. Epidaurus guarantees data privacy and security to beneficiaries, while helping sponsors track and plan around population health with unprecedented precision and accuracy.
Leading with the good of the patient first yields the highest value care.
Precision medicine needs a more precise benefit structure.
Legacy pharmacy benefit management follows a top-down model, generalized to a patient population. Epidaurus takes a step further. Our technology allows plan sponsors to seamlessly manage benefit plans personalized to each individual beneficiary’s medical needs. Once providers have identified a treatment and the beneficiary consents, Epidaurus algorithms run real-time analyses to help payers get the best market value and optimally allocate funds to enable treatment access.
End-to-end support for the prescription lifecycle on a secure cryptographic network
Epidaurus models the prescription lifecycle as a three-phase process, consisting of authorization, billing, and reimbursement. Prescribing is treated first as a clinical decision involving the prescriber, the patient, and the pharmacist. Epidaurus provides plan sponsors with a computational foundation to implement efficient financial strategies to support prescriber recommendations that have received beneficiary consent and pharmacist approval. Financial strategies are adjusted according to verifiable statistics showing evidence of value, which providers share with plan sponsors on a contractually specified basis. Statistics are generated from validated, encrypted records of prescriptions from participating pharmacies.
Financial Security with Support for Clinical Innovation
Finding the right balance
An information management system is only as good as its design. The reality today is that electronic health record systems today were designed to serve administrative purposes before clinical record-keeping. Epidaurus is here to make moving between shared clinical decision-making and financial processing seamless.
Privacy and Self-Sovereignty
Beneficiaries deserve to be in control of their personal health record. Our contract ecosystem supports patient consent management throughout the prescription lifecycle, and makes it simpler for the patient to track which providers have their data.
Value-based care is simply not possible when providers and patients don’t have real-time access to the true costs of available treatments.
Trustworthy medication histories are a non-negotiable for primary care physicians, pharmacists, and patients to make truly value-based decisions together.
Improved Cashflow Models
The Epidaurus ecosystem has been engineered to drive timely payments on a contractually specified basis, with options for full automation of settlements.
Epidaurus helps users build drug formularies that are flexible, data-driven, and responsive to inputs on the needs of individual beneficiaries.
We offer secure processes for outcome validation, ensuring that patient, physician and pharmacist concur on the data captured over the full course of a therapy. Plan sponsors have access to statistical aggregates of beneficiary outcomes to make better financial allocations.
Epidaurus Health is a digital health startup based in Alexandria, Virginia. We are a team of seasoned data professionals, with decades worth of combined experience solving complex information problems for clients in politics, government, insurance, and financial services.
Epidaurus Health is bringing pharmacy benefits into the Information Age. Having delivered a blockchain-based solution for financial reconciliation, we began considering the challenge of data silos in healthcare. We narrowed our scope to pharmaceutical reimbursement after months of research into pain points of users of electronic health record systems.
We are engineers and data scientists working with subject matter experts in healthcare to overcome data silos in prescription processing and pharmacy benefits. Incredible innovations are happening in pharmaceutical research; our unique technology has been designed to channel and afford access to innovative drug therapies to those who need it most.